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HomeMy WebLinkAboutResolution No. R19-40RESOLUTION NO. R19-40 A RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE AWARD OF GRANTS FROM THE TAX INCREMENT FINANCING DISTRICT FUNDS PURSUANT TO THE LURA LARGE GRANT REQUEST PROGRAM FOR ELIGIBLE APPLICANTS AND IMPROVEMENTS. WHEREAS, the City of Laurel approved a Large Grant Request Program proposed by the Laurel Urban Renewal Agency (LURA) through Resolution No. R15-08; and WHEREAS, a number of property owners prepared and submitted applications seeking grant funding through the Large Grant Request Program for their respective projects; and WHERAS, the LURA Board reviewed and considered all of the applications submitted and recommends the City Council's approval and award of large grants to the Applicants in the following amounts: 1. Mountain Land Rehabilitation: $19,957.00; 2. The Fjelstad Family: $12,589.00; 3. Nardella Investments $15,594.00 4. Pelican Cafe $64,295.00 5. Sunshine Academy: $62,265.00 6. Darrell Dyer: $50,037.00 WHEREAS, all the applicants, applications and projects are eligible for grant assistance and LURA recommends approval and funding of the same in the amounts provided herein. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Laurel, Montana, that the Applicants listed herein are hereby approved for large grants pursuant to the Large Grant Request Program in the amounts provided herein to be paid from the City's Large Grant Request Program, Tax Increment Financing District Fund. Introduced at a regular meeting of the City Council on August 6, 2019, by Council Member Stokes. PASSED and APPROVED by the City Council of the City of Laurel this 61' day of August 2019 APPROVED by the Mayor this 6" day of August 2019. R19-40 LURA Large Grant Applicant Approval CITY OF LAUREL omas �CNelson,. Mayor Bet y a v Clerk -Treasurer, Clerk -Treasurer Approvedas to fo Aft Sam Pain er, Civil City Attorney R19-40 LURA Large Grant Applicant Approval CITY HALL 115 W. IT ST. PLANNING: 628-4796 City Of Laurel WATER OFC.: 628-7431 COURT: 628-1964 P.O. Box 10 FAX 628-2241 Laurel, Montana 59044 July 23, 2019 Office of the City Planner Regarding the Laurel Urban Renewal Large Grant Recommendations for 2019-2020 Mr. Mayor and City Councilors, The Office of the City Planner and the Laurel Urban Renewal Agency Board respectfully requests that the City Council reviews and approves the requests made for the 2019 Large Grant Program. This letter supports the Large Grant spreadsheet submitted on July 22, 2019. Members of the Laurel Urban Renewal Agency met on June 26, 2019 as the Large Grant Committee to review, discuss, and analyze applications for the Large Grant Program. Six applications were submitted with a total request of $388,697.27. It was decided that the six applicants would receive a total of $224,737 in funding through the Large Grant Program. The applicants are as follows: I. Mountain Land Rehabilitation $19,957 2. The Fjelstad Family $12,589 3. Nardella Investments $15,594 4. Pelican Caf6 $64,295 5. Sunshine Academy $62,265 6. Darrell Dyer $50,037 These grants were discussed further at the Laurel Urban Renewal Agency meeting on July 22, 2019 and were approved to be recommended to the City Council for consideration and final approval. These applications were found to be eligible under MCA and to be beneficial to the TIF District by assisting applicants with the upgrading and improvement of their properties and businesses. The Planning Department can supply more information on the applications if needed to help inform your decision. Thank you for your consideration of this matter, Nicholas Altonaga, City P Z& I; le }5\ {({ ) _ /\ /15 /) J*! - k\\\ \(} \ /(/ m»k�laz2l,/ Z& I; le {\ _ /\ /15 /) J*! k\\\ aƒ\